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Stoxkart Vs Prostocks Comparison – Which One is Better?

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Stoxkart VS Prostocks Comparison:

Here in this article you will get to know all about Stoxcart VS Prostocks comparatively.

Stoxkart

Stoxcart, being a part of the SMC group is one of the best trading firms in India at the moment. It is based initially in New Delhi. Though relatively new, yet it offers trading facilities at very competitive prices.

It has apps named Stoxkart Classic and Stoxkart Pro which is supported on both android and iOS. Stoxmf is a facility helping to invest in mutual funds.

Prostocks

It is a stock broker and derivatives participant registered with the SEBI. It offers trading in NSE and BSE, and the fastest-growing flat demat fee stock broker in India.

It is a comparative new stockbroker in the market, but it’s client base is increasing in very high rates. It is famous for its unlimited trading plan and rupees 15 per trade plan.

In the unlimited plan, you can trade unlimited in equity and derivatives, only at 899 rupees per month.

It also has the cheapest stamp duty paid by customers and also has the lowest fee call and trade services among the stock brokers in India.

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Let’s now have a detailed look at both of them.

Overview


StoxkartProstocks
Logostoxkart brokerageprostocks
Website URLwww.stoxkart.comwww.prostocks.com
About the brokerStoxcart, being a part of the SMC group is one of the best trading firms in India at the moment. It is based initially in New Delhi. Though relatively new, yet it offers trading facilities at very competitive prices.It is a stock broker and derivatives participant registered with the SEBI. It offers trading in NSE and BSE, and the fastest growing flat demat fee stock broker in India. It is comparative new stock broker in the market, but it’s client base is increasing in very high rates.
Type of BrokerDiscount BrokerDiscount Broker
Supported ExchangeNSE, BSE, MCXNSE, BSE 
Year of Incorporation20192016
Number of Branches2 branches & 12 partner offices2
Stoxkart Vs Prostocks Review

Stoxkart & Prostocks Charges


StoxkartProstocks
Trading Account Opening Fees₹500₹0
Trading Account AMC₹300₹0
Demat Account Opening Fees₹354₹0
Demat Account AMC₹300₹0 (Lifetime zero AMC)
Demat Account is Mandatory?NoNo

Stoxkart VS Prostocks Brokerage

Brokerage Plans

Stoxkart BrokerageProstocks
Brokerage
ProstocksProstocks
Fixed Charges₹499
Account TypeSingle PlanMonthly Unlimited EquityMonthly Unlimited CurrencyFlat Rate Plan
Equity Delivery Brokerage₹0₹0NA₹15
Equity Intraday Brokerage₹15 per executed trade₹0NA₹15
Equity Futures Brokerage₹30 per executed trade₹0NA₹15
Equity Options Brokerage₹30 per executed trade₹0NA₹15
Currency Options Trading Brokerage₹30 per executed tradeNA₹0₹15
Commodity Futures Trading Brokerage₹30 per executed tradeNANANA
Commodity Options Trading Brokerage₹30 per executed tradeNANANA
Special Offer
Get Free Trading + Demat Account for limited time. Trade unlimited for ₹899 or ₹15/trade

Other Charges

StoxkartProstocks
Minimum Brokerage Charges₹0₹0
Other Brokerage Charges₹0
Call & Trade Charges₹20 per executed trade₹0

Also Read: Samco VS Prostocks comparison: Demat, Brokerage, Margin

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Taxes & other Government Charges

StoxkartProstocks
Securities Transaction Tax (STT)0.0126% of total turnoverEquity Intraday 0.025% (on Sell trade)
Equity Delivery 0.1% (on Buy and Sell)
Equity Futures 0.01% (on Sell trade)
Equity Options 0.05% (on Sell trade premium) or 0.125% (on exercised options)
Currency Futures Nil
Currency Options Nil
Commodities 0.01% on sell side (Non-Agri)
SEBI Charges₹15 per Cr.₹15 per Cr.
Goods and Services Tax (GST)18% on brokerage + transaction charges18% on brokerage + transaction charges
Stamp DutyAs per the Client’s state of correspondence.As per the Client’s state of correspondence.

Stoxkart & Prostocks Transaction Charges

StoxkartProstocks
Equity Delivery0.00325%NSE: 0.00325% | BSE: 0.00275%
Equity Intraday0.00325%NSE: 0.00325% | BSE: 0.00275%
Equity Futures0.0019%NSE: 0.0019% | BSE: 0.0005%
Equity Options0.05%NSE: 0.050% | BSE: 0.0025%
Currency Futures0.0009%NSE: 0.0011% | BSE: 0.0001%
Currency Options0.04% (on premium)NSE: 0.040% | BSE: 0.0001%
Commodity0.0005%

Stoxkart or Prostocks Exposure Margin

StoxkartProstocks
Equity Delivery1x (no margin)
Equity IntradayUp to 25x7x (Margin intraday sq. off)
Equity FuturesUp to 2.5x2x
Equity OptionsUp to 7x1x (no margin)
Currency FuturesUp to 2.5x1.5x
Currency OptionsUp to 2x1x (no margin)
Commodity FuturesUp to 2.5x
Commodity Options

Also Read: ProStocks Margin Calculator Online

Stoxkart VS Prostocks Feature Comparison

StoxkartProstocks
3 in 1 AccountNoNo
ChartingYesYes
SMS AlertsYesNo
Online DemoNoYes
Online PortfolioYesNo
Margin Trading Funding AvailableNo
Trading PlatformStoxkart DesktopProStocks, NSE NOW
Overall Review3.2 /53.3 / 5 

Stoxkart VS Prostocks Investment Options

StoxkartProstocks
Stock / EquityYesYes
CommodityYesNo
CurrencyYesYes
Initial Public Offers (IPO)NoNo
Mutual FundsNoYes
Bond / NCDNoYes
DebtNoYes
Other Investment Options

Stoxkart or Prostocks Research Report

StoxkartProstocks
Daily Market ReportNo
Free TipsYesNo
Quarterly Result AnalysisNoNo
News AlertsNoNo
prostocks demat account

Stoxkart VS Prostocks for Investor Type

StoxkartProstocks
Casual InvestorYes
Active InvestorYesYes
TraderYesYes

Stoxkart VS Prostocks Risks & Benefits  

StoxkartProstocks
BenefitsPay brokerage fees only on earning.
Detailed reports.
Awesome intraday exposure.
Cheapest broker for flat rate.Demat account free for lifetime and no AMC after a deposit of ₹1000 once.
Customer service available 24/7.
Call and trade charges cheapest.
Lowest exchange rates.
RisksTrading platforms need improvements.
Quite high account opening charges.3 in 1 account not available.
3 in 1 account not available.Commodity trading unavailable.
Stoxkart Account Opening

Final words

Thus, here we have the detailed comparison on Stoxkart vs Prostocks. There will always be some sort of risks and some benefits in the open stock market. Before choosing whom to rely on with your money, be sure to know extensively about these firms and their every policy.

Related Post:   Upstox Vs Stoxkart Comparison: Which One is Better?

Stoxkart or Prostocks, choose the one you have your faith on, and are willing to take the risk with. It will help you make good money.

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